Central Bank of Azerbaijan to attract AZN 350M 

  26 May 2018    Read: 1744
Central Bank of Azerbaijan to attract AZN 350M 

The Central Bank of Azerbaijan (CBA) will hold a hybrid deposit auction to attract funds on May 29, the CBA said.

Period of deposit auction makes up 13 days.

CBA will attract 350 million manats. Interest rate on the banks’ deposits will vary between 8.01 percent and 10.99 percent.


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